Real Estate Guide February

Page 1

EMPORIA

R E A L E S TAT E

ED R U T A FE OPERTY H PR HE MONT OF T 10 ge

Pa See

814 Cottonwood St. - Emporia, KS


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FEBRUARY 2020

SAUDER RECEIVES DISTINGUISHED SERVICE AWARD FROM STATEWIDE AGENCY The Emporia Gazette

An Emporia realtor was surprised with a rare and big-time award Saturday night in Mayetta. Coldwell Banker Emporia Real Estate’s Jamie Sauder received the Distinguished Service Award at the Sunflower Association of REALTORS, Inc. Annual Meeting at Prairie Band Casino and Resort. The award has only been bestowed upon 12 individuals in the past 30 years, according to a post on Coldwell Banker Emporia Real Estate’s Facebook page.

“A lot of work goes on behind the scenes in our business, and Jamie has been a leader not only in our community, but also in the real estate profession,” reads the post. “It’s not always easy, and sometimes not popular, but his commitment to our community is real and passionate and sincere. It was truly awesome to see him rewarded for all of his work for the betterment of the industry in our State.” The Sunflower Association of REALTORS, Inc. represents more than 600 realtor professionals. Its mission is to “enhance and safeguard its members’ business environment and the benefits of private property rights.”

Residential • Commercial Industrial • Pier Hole Digging Aerial Reach “HONESTY WITH INTEGRITY IS OUR POLICY. ELECTRICITY IS OUR BUSINESS”

Put your home in our hands.

Tell your realtor or lender to choose the very best in title insurance and closing services. You do have a choice.

620.343.1490 • 423 Commercial, Emporia 328 Broadway, Cottonwood Falls • 620.273.6611


FEBRUARY 2020

PAGE 3

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Free Home Buyer Education Class

Presented By:

HUD certified housing counselors. HUD approved agency since 1978.

When: March 24, 2020 Time: 5:30 - 8:30 pm Location: Civic Auditorium 516 Mechanic St Emporia, KS 66801

License# CSO.0000003

Learn: • Steps to buying a home. • Why credit matters. • What is needed for “closing costs”. • What’s involved in the home inspection and why. • Types of mortgage loans available. • Tips for home maintenance.

To register: Call 800-383-0217 email hcci@hcci-ks.org www.hcci-ks.org Receive a Certificate of Completion (required by some lenders)


FEBRUARY 2020

PAGE 4

HOME FOR SALE

1242 Thompson Street

OPEN HOUSE

616 N. Park Lane - Olpe, KS

$139,900

Sunday, February 16th 1:00 - 3:00 pm.

Becky Baumgardner

• 4 Bedrooms • 3 baths • 2,776 sq ft

• 0.9 Acres • Built in 2008

$233,500

756487_Becky_TEG_B_G8_V1

Home Inspections Home Inspectionsof of Kansas Kansas Home or Nightmare? DreamDream Home or Nightmare?

What is that smell? What is that smell? be mold? CouldCould it beitmold? and Mold Inspection Radon Radon and Mold Inspection

Know what you Know what you are buying, have are buying, have it inspected by by it inspected an experienced an experienced inspector. inspector. 620-342-5841 Jerry Marshall620-342-5841 Jerry Marshall Cell: 620-481-5501

Owner/Inspector

Owner/Inspector

Cell: 620-481-5501

Serving All Surrounding Counties Eric, Janice, Brian Office: 342-1917 421 Commercial, Emporia 620-342-1917 Fax: 620-342-6888 www.moontitle.com


FEBRUARY 2020

PAGE 5

Chase County Listings

330 State St., Cottonwood Falls, KS: 2+ bedrooms, 1 bath home built in 1910 with 990 sq. ft. Lots of character and charm. Currently is used as a rental and could continue to be a great income property. Recently updated with all-new fixtures, kitchen, bath, light fixtures and painted throughout. Come take a look!

501 Union, Cottonwood Falls, KS: Take a look at this clean, updated 1,100 sq ft home with 2 bedrooms and 1 bath plus an office and an unfinished basement. Built in 1910, with lots of charm, hardwood floors and tall ceilings. The kitchen has been updated, along with the windows, siding and wrap around porch. It sits on a large corner lot with a 720 sq ft Morton bldg w/ stove, built in 2002 with a concrete floor. Property includes cider orchard. Come see for yourself! $74,500.00

312 Cherry St, Cottonwood Falls, KS: Completely remodeled, 1+ bedroom, 2 bathroom home built in 1910. Home has 988 sq. ft. plus full unfinished basement (Could be finished) CH/CA & new roof, guttering, siding, windows, and so much more. Home has open floor plan and a master suite. Large lot 110' x 88' with privacy fence and detached garage. This home is move in ready and a must see! $99,900.00


PAGE 6

FEBRUARY 2020

Local

Agents,

TRI-COUNTY

REAL ESTATE (620) 341-0838

Local

Knowledge

E-Mail: carmenymackey@gmail.com www.zillow.com on MLS

Check out our new website: www.tri-county-real-estate.com by Rich Enterprises.inc 118 W Santa Fe, Olpe - 3 bedrooms, 1 bath ranch style brick home with partial finished basement w/double car attached garage on 6.1 acres with a lot of mature trees. 2 outbuildings, 1 with concrete floor, pipe fencing, located directly north of school. $232,900

Katie Mathews Real Estate Agent

620.344.2943 katie.mathews@ coldwellbankerrealestate.com

Emporia Real Estate 608 Commercial Street Emporia, KS 66801

116 E 3rd, Lebo - 3 bedrooms, 3 bath ranch style home, large eat in kitchen, separate den or office area, back screened deck and privacy fence on corner lot. 2 car attached garage and large rec room in basement. $154,900

Marc Glades Real Estate Agent

620.364.5500 marc.glades@ coldwellbankerrealestate.com

Emporia Real Estate 608 Commercial Street Emporia, KS 66801

411 S Elm, Lebo - 10,800 sq ft metal building with concrete floor. 5� reinforced concrete in large shop. Property is plumbed for 4 bath home. $238,000

Wendy Watters Real Estate Agent

620.218.8243 wendy.whitten@ coldwellbankerrealestate.com

Emporia Real Estate

207 N Elm Street, Lebo This 3-plex has a lot of potential! Owner says it is time to get out of the rental business. Here is your opportunity to live in one unit and rent the other, or to have a great cash flowing property. $85,000

608 Commercial Street Emporia, KS 66801

Jase Hubert 620.481.7303 jase.hubert@ coldwellbankerrealestate.com

Emporia Real Estate

305 W Exchange, Hartford 3 bedroom, 1 bath with full unfinished basement complete with all appliances and fully furnished. Take a look at this home today!!! $110,000

608 Commercial Street Emporia, KS 66801

Judy Turner Real Estate Agent

620.344.6165 mturner@sbcglobal.net

Real Estate 2171 US HYW-50 Emporia, KS 66801

Place Your Ad Here Contact The Emporia Gazette at

620.342.4800

12 ACRES @ GRAPHIC ARTS ROAD for residential development. Check out website for complete details.

Lebo Lake Lot - 9 acres Lebo City Lake, great building site opportunity. $48,900

For sale Olpe Locker - operating meat locker with building, all equipment and smokehouse. Owner will provide training if so desired. Please call Dwayne 620-794-2061 for complete details.

412 W 3rd, Lebo - 2 bedroom, 1 bath with 800 sq feet with 1 ½ car attached garage. $39,800

Tri County Real Estate is here to list your property. We also offer you personal service in finding the right property for you. Give Carmen or one of her agents a call TODAY!

Carmen Y. Mackey, Broker/Owner .............Cell 620-341-0838 Victor Edelman, Associate Broker ...............620-366-0339 Dwayne Coble, Salesperson/Auctioneer ....620-794-2061 Office: ...........................................................620-256-6993


FEBRUARY 2020

PAGE 7

1803 ESBMrgagReloAd.qxp_Layout 1 1/7/20 11:40 AM Page 1

Landscape photo www.CaseyWilson.com

Craig Black Vice-President NMLS #465122 ESB Financial Emporia 620.340.9906

Larie Schoap Vice-President NMLS #465123 ESB Financial Manhattan 785.539.9909

Brian DeWitt Vice-President NMLS #442568 ESB Financial Emporia 620.340.9934

YOU Deserve the BEST Home Loan Experts in the Flint Hills! • With over 103 years of combined experience…we make your loan process easy • From application to closing you will work locally with Craig, Larie or Brian • Your payments will always be made to your local ESB Financial bank Call now for fast pre-qualification…so you won’t lose out on your dream home! MEMBER EQUAL HOUSING

LENDER

ESB Financial NMLS #441664


MLS STATISTICS

PAGE 8

FEBRUARY 2020

EMPORIA AREA Emporia Area MLS CurrentSTATISTICS Month Summary Statistics Home Sales Emporia Area

Emporia Area Home Sales Fell in November Total home sales in the Emporia area fell last month to 27 units, compared to 35 units in November 2018. Total sales volume was $3.4 million, downArea fromHome a year earlier. Emporia Sales Fell in November

Active Current ListingsMonth

Summary Statistics Months' Supply Home Sales

Total home sales in the Emporia area fell last month to 27 units, compared to 35 units in November 2018. Total sales in November was $105,000, down from volume was $3.4 million, down from a year earlier.

The median sale price $115,000 a year earlier. Homes that sold in November were sale and price sold in November was $105,000, typically on the marketThe formedian 59 days for 95.1% of theirdown from $115,000 a year earlier. Homes that sold in November were list prices. typically on the market for 59 days and sold for 95.1% of their

from 28 in November 2018. At the end of the month, there were 34 contracts pending, compared to 32 at the end of total of 24 contracts were written down November 2018.

During November, a from 28 in November 2018. At the end of the month, there were 34 contracts pending, compared to 32 at the end of November 2018.

27 November 104 2019 27

2.7

2018 35

35

Change -22.9%

144

-27.8%

Change 3.8 -22.9%

-28.2%

29

144

38 -27.8%

-23.7%

Months' Supply Contracts Written

2.7

24

3.8

-28.2% 28

-14.3%

34

38

-23.7%

6.3%

New Listings

Pending Contracts

29

Contracts Written

Sales Volume (1,000s) Pending Contracts

24

3,361 34

Sales SaleVolume Price (1,000s)

Average

Average

List Price of Actives List Price of Actives DaysDays on Market on Market Percent of List Percent of List

Percent of Original

Percent Original Sale of Price Median

List Price of Actives Sale Price

Median

available for sale. The median list price of homes on the market at the end of November was $104,950. During November, a total of 24 contracts were written down

2018

104

Sale Price

The total number active listings inarea the Emporia The total number of active listings inofthe Emporia at thearea at the end of November was 104 units, down from 144 at the same end of November was point 104 units, from 144 the same in 2018.down This represents a 2.7at months' supply of homes available for sale.months' The median list priceof ofhomes homes on the point in 2018. This represents a 2.7 supply market at the end of November was $104,950.

2019

New Listings Active Listings

list prices.

Emporia Area Active Listings Down at End of Emporia Area Active Listings Down at End of November November

November

Days on Market

List Price of Actives Percent of List

DaysPercent on Market of Original

28

32

-14.3%

4,8456.3%

-30.6%

-30.6% 3,361 124,470 4,845138,430 138,430 -10.1%

-10.1%

32

124,470

143,976 139,099139,0993.5% 41 41 102.7% 83 83

143,976

94.6% 94.6% 94.3% 92.6% 89.6%

3.5% 102.7%

94.3%0.3%

0.3%

89.6% 115,000 92.6%-8.7% 105,000 -11.4% 104,950 105,000 118,500115,000

-3.2%

-3.2%

59

20

195.0%

95.1%

94.8%

0.2%

104,950

91.1%

59

118,500

93.4%

20-2.4%

-8.7% -11.4% 195.0%

Percent of List

95.1%

94.8%

0.2%

Percent of Original

91.1%

93.4%

-2.4%

Your Association Working for You!

Your Association

As a member of the Sunflower Association of REALTORS® you have access to a wide array of benefits, business tools, market Three-Year Comparisons – Page data, educational opportunities and discount programs designed to help you succeed in today's market. The EALTORS Year-to-Date Statistics – Page 3 SW 37th, TOPEKA, KANSAS 66611 / (785) 267-3215 Sunflower MLS Working forstatistical You! reports are just one of the many 2130 www.sunflowerrealtors.com benefits you receive from being a member of SAR.

As a member of the Sunflower Association of REALTORS® you have access to a wide array of Information benefits, business tools, market Contact Linda Briden,and Chiefdiscount Executive Officer data, educational opportunities programs Sunflower Association of REALTORS® designed to help you succeed inth today's market. The 2130 SW 37 Sunflower MLS statistical reports are just one of the many Topeka, KS 66611 benefits you receive from being a member of SAR. 785-267-3215 Linda@SunflowerRealtors.com www.SunflowerRealtors.com

Contact Information

Linda Briden, Chief Executive Officer Sunflower Association of REALTORS® 2130 SW 37th Topeka, KS 66611 Prepared on 12/9/2019 courtesy of the Kansas Association of REALTORS® using data from the Sunflower Multiple Listing Service. 785-267-3215 Linda@SunflowerRealtors.com www.SunflowerRealtors.com

• 2 Sunflower ® • Association of R • Closed Listings Analysis – Page 4 December 9, 2019 • Active Listings Analysis – Page • Three-Year Comparisons – 8Page 2 Sunflower Association of REALTORS® Releases Emporia Area• Home Sales Figures forAnalysis November 2019 Months' Supply – Page 12 • Year-to-Date Statistics – Page 3 • New Listings Analysis – Page 13 Homes sales in Lyon and Coffey counties fell by 22.9% in November compared to the prior year. Sales in November 27 units, down from 35Analysis in 2018. • 2019Closed Listings Page •totaled Contracts Written Analysis ––Page 16 4 Among existing homes, 26 units sold in November, a decrease of 21.2% from 33 units that sold in 2018. Pending Contracts Analysis Page 20 The average sale•price of existing homes was $119,296. This represents decrease of 9.7% from the • Active Listings Analysis –– aPage 8 November 2018 average price of $132,131.

• Months' Supply Analysis – Page 12 • New Listings Analysis – Page 13 Page 1 of 23 • Contracts Written Analysis – Page 16 • Pending Contracts Analysis – Page 20

A total of 24 contracts for sale were written in November 2019, down from 28 in November 2018. This is a decrease of 14.3%. Contracts written during the month reflect, in part, sales that will close in the near future. The inventory of active listings in Lyon and Coffey counties stood at 104 units at the end of November, Provided by the WSU Center for Real Estate which is down from 144 homes that were on the market at the end of November last year. At the www.wichita.edu/realestate current rate of sales, this figure represents 2.7 months' supply of homes on the market. For questions and/or comments, please contact SAR CEO Linda Briden at linda@sunflowerrealtors.com or 785-267-3215.


PAGE 9

AREA BUILDING PERMITS Permits Issued

FEBRUARY 2020

02/01/2020 - 02/07/2020

Permit No

Issue Date

Address

Owner

Contractor

Description of Work

Valuation

BP-20-00041

2/4/2020

2508 W EIGHTEENTH AVE

SETH LICKTEIG

HOME EXTERIORS INC

INSTALL SIDING

$33,848.00

BP-20-00042

2/4/2020

3007 IZQUIERDO COURT

CALEB BROOKS

WOODBRIDGE HOME EXTERIORS

INSTALL WINDOWS

$4,418.00

BP-20-00043

2/4/2020

1627 SHERWOOD WAY

NICK BAKER

WOODBRIDGE HOME EXTERIORS

INSTALL WINDOWS

$11,706.00

BP-20-00060

2/3/2020

2008 CASA LOMA DR

RICK DUFFEY

MOORE ROOFING

STRIP & REROOF

$5,000.00

BP-20-00064

2/3/2020

2211 PRAIRIE ST

TP PROPERTIES LLC

OWNER

REPLACE 20 WINDOWS & REPAIR SIDING

$45,000.00

BP-20-00067

2/6/2020

908 CONSTITUTION ST

PAUL & DIANE HANSHEW

BLUESTEM DEVELOPMENT CO INC

RPR FRONT PORCH FND/REPAIR & OVERLAY ROOF

$8,000.00

BP-20-00068

2/4/2020

730 GARFIELD ST

RCM LLC

MITCHELL-MARKOWI TZ CONSTRUCTION CO INC

ADD FRONT PORCH & EXTEND GARAGE

$8,000.00

BP-20-00073

2/6/2020

1108 E ELEVENTH AVE

EDUARDO SALDANA

CP ROOFING AND TREE SERVICE LLC

STRIP & REROOF

$5,300.00

BP-20-00074

2/6/2020

1110 CONGRESS ST

SBR INVESTMENTS

CP ROOFING AND TREE SERVICE LLC

STRIP & REROOF

$5,888.00

BP-20-00079

2/7/2020

2020 MORNINGSIDE DR

JOHN & BRIDGET BURDAN

BARNHART BUILDERS

KITCHEN REMODEL

$12,000.00

Total Permits Issued 10 Total Permit Valuation

$139,160.00

Excellent Home Solutions

FREE ROOF INSPECTION Roofing • Gutter • Home Exteriors

Exterior Repairs Done Right!

Contact the one you can trust Fa i t h • I n te g r i t y • Q ua l i t y Brian Walburn • (620) 366-1310


PAGE 10

FEBRUARY 2020

814 Cottonwood St. - Emporia, KS

• • • • •

3 Bedrooms 2 baths 1,152 sq ft 6,500 sqft lot Built in 2019

• Electric Range, Oven(s), Microwave, Dishwasher, Refrigerator, Laundry Facilities on Main Floor

$149,900

Contact a Local Realtor


PAGE 11

FEBRUARY 2020

MASTERING THE MASTER BEDROOM HLC’s Karina Henderson and The Emporia Gazette have teamed up to answer YOUR questions about anything design, decor, floor plans or real estate that affect the Emporia area. Here is this month’s question: Dear HLC, Q. How do I find the best real estate agent for me in the Emporia area? I have the privilege to work with great people who are ready to sell their home or just bought their home. So, this is a common question I get asked when I have staged a home and they haven’t yet chosen an agent. I want to give you the best advice I can. With spring market around the corner, this is a perfect time to be asking this question! I found a lot By Karina Henderson depends on what HLC Interior Solutions your goal is with the agent. Are you looking to buy property or sell property? Most agents in Emporia handle both types of transactions. Some, however, prefer one or the other. So how do you choose? I have a list of things you can do to find the right agent for you. I also asked two of our local agents to weigh in on this question. First, here is the list of things you can do to find the right Emporia realtor for you: 1. You can go to your local bank and ask to speak to a lender. They will be important to you if you’re looking to purchase. They also will have worked with many realtors in town and can tell you whom they have enjoyed working with on a professional level, both as buyers and sellers agents. 2. Get referrals from your friends, family and coworkers. They will definitely have NO problem sharing their experiences, good or bad, with you. But ask several, don’t just rely on one opinion. 3. Do your research. Look online. See how many, if any, houses they have listed. Look on Facebook at their reviews. Do they share their listings on social media? Does your potential agent use other avenues you hadn’t thought of to sell? Like, do they use a stager? Professional photographer? These two questions could be key to selling your home. 4. Interview at least three agents. See if they are moving in the same direction

you are. How well do they know the area and what’s available? If you’re selling, ask what they will do to promote your home. If buying, do they have their finger on the Emporia real estate market? Will they have the time to show you real estate during your available times, or will this prove to be difficult? 5. Request references and check them. When checking references have a list of questions that pertain to what you’re looking for. 6. Go with your gut feeling. I love this one the most. If I don’t jive with an agent, how can I comfortably work with them with what may be the most important financial decision I’ll be making. Plus, you spend a lot of time with your realtor, you want it to be a good experience, not one you hate doing because you don’t have a good relationship. 7. Ask to read their contract you would be agreeing to. Are the terms doable for you and your circumstances? I have asked two of our seasoned local agents to see what they had to say from their point of view. I talked with Lynn Cunningham of EK Real-estate and Angie Blankley of Coldwell Banker. Cunningham said, “In a small town, I think it’s important to use a local agency. Check and see how the agency is doing compared to others in town. How well do they know the market? I have personally gone to a home and sold it before it even hit the market. Make sure their agency has a strong presence in the community. As for an agent, ask for a resume. Don’t shy away from a new agent, as they can often be more passionate and have the available time for you.” When Blankley was asked the same question, her response was “Word of mouth! That’s where you’ll get the most honest opinions. If you don’t know anyone or you are new in town, then Google them and look at their webpage. Find out who’s with a brokerage that’s been around a long time with a good, reliable reputation.” With the list and your local agents weighing in, you should be on your way to making a great decision on who would be the best real estate agent for you! Remember there is ALWAYS a solution! Each month, we will be answering a question that’s important to us here in Emporia. Remember, we want to hear from YOU! Please email your questions to karina.hlc@hotmail.com

FREE ROOF INSPECTION

EXTERIOR REPAIRS DONE RIGHT Have you been putting off getting your roof repaired or replaced? If so, call now to take advantage of our huge spring savings. We want to keep our crews busy.

Tips to educate the consumer: • Choose a reputable outfit - beware of companies that enter the community only after storms to take advantage of insurance and desperate homeowners. • Check to find out if the contractor is properly licensed. You can follow up by searching the Kansas Roofing Registration Act online. Make sure registrations are up to date. • Don’t pay in advance. • Get several estimates. • Resist high-pressure tactics • References should be from within the last 6 months.

Contact the one you can trust

Excellent Home Solutions ROOFING • GUTTER • HOME EXTERIOR

Faith • Integrity • Quality

BRIAN WALBURN • (620) 366 1310


PAGE 12

FEBRUARY 2020

Buying Real Estate?

AMERICAN Real Estate Serving Emporia Since 1965.

Let us help!

Large Double lot Partially Fenced Fresh Paint and New Carpet HVAC New in 2017 Refrigerator new in 2018 Roof less than 10 Years Old Extra Parking Space This is a nice home in a great neighborhood. It has been well taken care of and is a wonderful place to raise a family. Reduced Price $210,000

2902 Prairie St., Emporia, Kansas Square Feet: 2150 Bedrooms: 3 Plus 2 Bathrooms: 3

• 15-, 20- & 30-Year Fixed Rates • Excellent In-house Financing • Low Secondary Market Rates Rented for $700 Out of town owner. Asking $70,000 Square Feet: 2,000 plus Bedrooms: 4 Bathrooms: 2

Square Feet: 3800 Bedroosm: 4 Bathrooms: 3.5 Custom Built in 1984, Full Basement

$425,000

AMERICAN Real Estate Member MLS 4% Real Estate Commission

KB Thomas Jr. - Broker 620-757-8469 • kbthomas.point2agent.com 815 Graham Street •Emporia • 620-342-9500

Judy Blaufuss Assistant VP

Eric Guenther Executive VP

620-341-7400 620-341-7420 www.mybankcnb.com

Carla Barnett President

Like us on 701 Merchant 1440 Industrial


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